HG 1628 
.07 
Copy 1 



INTEREST TABLES. 



PRESENTED TO THE DEPOSITORS 

OF THE 

QUINCY SAVINGS BANK, 

84 HANCOCK STREET, 
QUINCY. 



COMPOUND AND SIMPLE 



Interest Tables. 



A FEW HINTS 



THE ADVANTAGES OF SAVING. 



s 



-■■ 



«y < 



J 11% io^ 



PUBLISHED BY A 

CHARLES W. HOLDEN, 

102 Washington Street, 

BOSTON. 

/*73 



At 



Entered according to Act of Congress, in the year 1873, by 

CHARLES W. HOLDEN. 
In the Office of the Librarian of Cong-ess. at Washington. 



QUINCY SAVINGS BANK. 



ESTABLISHED 1845. 



Officers Elected April, 1873. 

President. 

EDWARD TURNER. 

Vice-President. 

ISRAEL W. MUNROE. 

Trustees. 

DANIEL BAXTER. HORACE B. SPEAR. 

NOAH CUMMINGS. JOHN D. WHICHER. 

WHITCOMB PORTER. JOHN QUINCY ADAMS. 

GEORGE A. BRACKETT. DANIEL H. BILLS. 

CHARLES A. HOWLAND. HENRY BARKER. 

Board of Investment. 

EDWARD TURNER. NOAH CUMMINGS. 

ISRAEL W. MUNROE. GEORGE A. BRACKETT. 

Treasurer and Secretary. 

GEORGE L. GILL. 



DEPOSITS. 

On making the first deposit, the Depositor shall be required to 
subsaibe to the rules and regulations of this Institution. 

The smallest deposit shall not be less than One Dollar, and the 
largest (in the name of one person) not to exceed One Thousand 
Dollars. 

All Interest, when declared, will be carried immediately to 
the credit of the Depositor, and will be entitled to interest as an 
original deposit, dating at the time it is thus declared. 

The excess above the one thousand dollars shall not be entitled 
to interest. 

DRAFTS. 

%3T~ In closing an account, or drawing in full, not less than one 
month's notice may be required ; but any part of the amount 
deposited can be drawn without notice, provided the money on hand 
and unappropriated will enable the Bank so to do. 



COMPOUND INTEREST TABLE. 


ONE DOLLAR PRINCIPAL. 


The sum to which One Dollar principal will increase, at compound 


interest, in any number of years not exceeding forty, at 4, 4}, 5, 5-^, 


6, 6^, 7, and 8 per cent per annum. 




4 per 
Cent 


4^ Per 


5 Per 


5 1 Per 


6 per 


6 \ per 


7 per 


8 per 


c 


0) 

> 

I 


Cent. 


Cent. 


Cent. 


Cent. 


Cent. 


Cent 


Cent. 


v. 


1.040 


1.045 


1.050 


1055 


1.060 


1.065 


1.070 


1.080 


1 


2 


1.082 


1.092 


1 103 


1 113 


1. 124 


*.i34 


i- 145 


1. 167 


2 


3 


1.125 


1. 141 


1.15S 


1. 174 


1. 191 


1 20S 


1.225 


1.260 


3 


4 


1. 170 


1193 


1. 216 


1.239 


1.262 


1.286 


1.311 


1.361 


4 


5 


1.217 


1.246 


1.276 


1-307 


1-338 


1370 


1.403 


1.469 


5 


6 


1.265 


1.302 


1 34° 


1-379 


1 419 


1-459 


1. 501 


1.587 


6 


7 


1.316 


1-361 


1.407 


1-455 


1 504 


1-554 


1.606 


1.714 


7 


8 


1.369 


1.422 


1-477 


1-535 


1-594 


1-655 


1 718 


1-851 


8 


9 


1423 


1.486 


I-55I 


1 619 


1.689 


1-763 


1.838 


1.999 


9 


10 


1.480 


1-553 


1.629 


1.708 


1.791 


1.877 


1.967 


2.159 


10 


11 


1-539 


1.623 


1. 710 


1.S02 


1.898 


1.999 


2.105 


2332 


11 


12 


1. 601 


1.696 


1.796 


1. 901 


2 012 


2.129 


2.252 


2.518 


12 


13 


1.665 


1.772 


1.886 


2.006 


2 i33 


2.267 


2.410 


2.720 


13 


14 


1-732 


1852 


1.9S0 


2. 1 16 


2 261 


2415 


2-579 


2937 


14 


15 


1. 801 


1-935 


2.079 


2.232 


2-397 


2.572 


2-759 


3 172 


15 


16 


1.873 


2.022 


2.183 


2-355 


2.540 


2-739 


2.952 


3.426 


16 


17 


1.948 


2. 1 13 


2 292 


2.485 


2 693 


2917 


3- 1 59 


3.700 


17 


18 


2.026 


2.208 


2.407 


2.621 


2854 


3 107 


3 38o 


3.996 


18 


19 


2.107 


2.308 


2527 


2.766 


3.026 


3 309 


3617 


4.316 


19 


20 


2. 191 


2.412 


2653 


2.918 


3.207 


3524 


3870 


4.661 


20 


21 


2.279 


2.520 


2.786 


3.078 


3.400 


3-753 


4. 141 


5-°34 


21 


22 


2.370 


2.634 


2.925 


3:248 


3604 


3-997 


4 43o 


5-437 


22 


23 


2.465 


2.752 


3.072 


3.426 


3.S20 


4.256 


4 741 


5.872 


23 


24 


2563 


2.876 


3 225 


3-6i5 


4049 


4-533 


5072 


6.341 


24 


25 


2.666 


3-oo5 


3.3S6 


3-8i3 


4.292 


4828 


5427 


6.849 


25 


26 


2.772 


3 141 


3 556 


4.023 


4 549 


5 Hi 


5807 


7-306 


26 


27 


2.883 


32S2 


3 733 


4.244 


4S22 


5476 


6 214 


7.988 


27 


28 


2.999 


3 43o 


3.920 


4-47S 


5.11a 


5-832 


6.649 


8.627 


28 


29 


3-H9 


3-584 


4. 116 


4.724 


5.41S 


6 211 


7.114 


9317 


29 


,3o 


3-243 


3-745 


4.322 


4.9S4 


5-743 


6 614 


7.612 


10.063 


30 


3i 


3-373 


3-914 


4-538 


5-258 


6o83 


7.044 


S.I45 


10.868 


3i 


32 


3.508 


4.090 


4/65 


5-547 


6-453 


7-502 


8.715 


u-737 


32 


33 


3-6 4 3 


4.274 


5-o°3 


5S52 


6.841 


7.990 


9 325 


12.676 


33 


34 


3 794 


4.466 


5-253 


6.174 


7251 


8.509 


9-97S 


13.690 


34 


35 


3-946 


4.667 


5-5i6 


6.514 


7.686 


9 062 


10 677 


I4-785 


35 


36 


4.104 


4.877 


5-792 


6.872 


8.147 


9.651 


11.424 


15.968 


36 


37 


4268 


5-o97 


6081 


7-25° 


8636 


10.279 


12.224 


17.246 


37 


38 


4-439 


5-326 


6.385 


7.649 


9-154 


10.947 


13079 


18.625 


38 


39 


4.616 


5-566 


6.705 


8 069 


9.704 


11.658 


13995 


20.115 


39 


40 


4. So 1 


5816 


7.040 


8513 


10.286 


12.416 


14.974 


21.725 


40 


To find the sum to which a given amount will increase at compound 


interest, at any of the rates per cent and number of years expressed in 


the above Table: Multiply the given amount by the sum to which 


one dollar will increase at the rate and for the number of years re- 


quired, marking off as many decimals from the product as there are 
decimals in the multiplier and multiplicand. 



COMPOUND INTEREST TABLE. 


ONE DOLLAR PER ANNUM IN ADVANCE. 




The sum to which One Dollar per annum, paid at the beginning of 


each year, will increase at compound interest, in any number of years 


not exceeding 40, at 4, 4^, 5, s|, 6, 65, 7, and 8 per cent per annum. 


C/i 

- 


4 per 


4} Per 


5 Per 


5|per 


6 per 


6\ per 


7 per 


8 per 


- 


> 

I 


Cent. 


Cent. 


Cent. 


Cent. 


Cent. 


Cent. 


Cent. 


Cent. 


V 

> 

I 


1.040 


1.045 


1.050 


1055 


1.060 


1 065 


1.070 


1.0S0 


2 


2.122 


2.137 


2 153 


2.16S 


2. 1 84 


2.199 


2 215 


2.246 


2 




3 246 


3.278 


3-3-o 


3-342 


3-375 


3407 


3 44o 


3-5o6 


3 


4 


4.416 


4-471 


4526 


4.581 


4637 


4 694 


4-751 


4.867 


4 


5 


5- 6 33 


5-7*7 


5 S02 


5.8S8 


5-975 


6.064 


6.153 


6.336 


5 


6 


6.898 


7.019 


7.142 


7.267 


7-394 


7 523 


7.654 


7-923 


6 


7 


8 214 


8.380 


8-549 


8.722 


8.897 


9.077 


9.260 


9-637 


7 


8 


9 583 


9.802 


10.027 


10.256 


10.491 


10.732 


10.978 


11.488 


S 


9 


11.006 


11.28S 


11.578 


11.875 


12.1S1 


12.494 


12.816 


i3-4« Q 7 


9 


10 


12.4S6 


12.841 


13.207 


13.583 


13-972 


I437I 


14.784 


15.646 


10 


11 


14.026 


14.464 


14 917 


15385 


15.870 


16.371 


16.888 


17.977 


11 


12 


15.627 


16 160 


16 713 


17.287 


17.882 


18.500 


19.141 


20495 


12 


13 


17.292 


17-932 


18599 


19.292 


20.015 


20.768 


21-55° 


23-215 


13 


M 


19.024 


19.784 


20.579 


21 409 


22.276 


23.182 


24 129 


26. 152 


14 


15 


20.825 


21.719 


22.657 


23641 


24-673 


25-754 


26.888 


29.324 


15 


16 


22.698 


23 742 


24 840 


25.996 


27.213 


28.493 


29 840 


32.750 


16 


17 


24645 


25.855 


27 132 


28.481 


29.906 


31 410 


32999 


36450 


17 


iS 


26.671 


28.064 


29- 539 


3 1 IQ 3 


32 760 


34 517 


36-379 


40.446 


iS 


19 


28.778 


30-371 


32.066 


3386S 


35 726 


37-825 


39-995 


44.762 


19 


20 


30.969 


32.783 


34 719 


36.786 


38.993 


4i 35o 


43-865 


49-423 


20 


21 


33.248 


35-303 


37-505 


39.864 


42 392 


45 io2 


4S.006 


54-457 


21 


22 


35-6i8 


37-937 


40 430 


43.112 


45 996 


49.098 


52 436 


59-S93 


22 


23 


38.0S3 


40 689 


43 5°2 


46538 


49.816 


53-355 


57-177 


65-765 


23 


24 


40.646 


43- 565 


46.727 


50153 


53 865 


57-888 


62.249 


72.106 


24 


* 


43312 


46571 


50.113 


53 966 


58.156 


62.715 


67.676 


78-954 


25 




46 084 


49.711 


53-669 


57-989 


62.706 


67857 


73484 


86.351 


26 


27 


48968 


52993 


57.403 


62.233 


67.528 


73-333 


79.698 


94 339 


27 


2S 


51 966 


56423 


61.323 


66 711 


72 640 


79.164 


86.347 


102.966 


28 




55085 


60.007 


65-439 


71-435 


78.058 


85 375 


93.461 


112.283 


29 


SO 


5832S 


63-752 


69.761 


76.419 


83.802 


91.989 


101 073 


122.346 


30 




61.701 


67.666 


74 299 


81.677 


89.890 


99-034 


109 218 


133 214 


3i 




65 210 


7* 756 


79.064 


87225 


96 343 


106.536 


117 933 


M4-95* 


32 




68858 


76 030 


84.067 


93077 


103.184 


114.526 


127.259 


157.627 


33 


34 


72652 


80.497 


89.320 


99251 


IIO-435 


123.035 


137237 


I7I-3I7 


34 




76598 


85 164 


94836 


105.765 


118. 121 


132.097 


H7 9i3 


186.102 


35 




80702 


90.041 


100.628 


112637 


126.268 


141.748 


159 337 


202 070 


36 


37 84970 


95 138 


106.710 


119 887 


134.904 


152.027 


171 561 


219.316 


37 


38 89 4O9 ! IOO 464 


113 095 


127 536 


144 058 


162.974 ; 184 640 


237 94i 


3S 


39 94.026 106.030 


119.800 


135.606 


153 762 


174.632 198.635 


258.057 


39 


40 98.827^11 847 


126.840 


144 119 


164 048 


187 048 I213 610 


279.781 40 


To find the sum to which a given amount per annum w 


11 increase 


at compound interest, at any of the rates per cent and numl 


er of years 


expressed in the above Table : Multiply the given amount 


per annum 


by the sum to which one dollar per annum will increase at tl 


le rate and 


for the number of years required, marking off as many dec 


imals from 


fc th< 


; produ 


ct as the 


re are d 


:cimals 


n the m 


ultiplier 


and mu 


tiplicanc 


1 J 



THE VALUE OF SAVINGS. 



ONE of the greatest public and private blessings of 
modern times is the savings-bank system, which " 
has been so greatly advanced and perfected within the 
last thirty years. Few of the wonders of the nineteenth 
century excel it. They may be more brilliant ; but, for 
practical utility, the savings system has hardly a com- 
petitor in usefulness. 

The system is adapted to our republican form of gov- 
ernment. There is nothing in our governmental ele- 
ments to prevent every person rising to position, honor, 
wealth. How little can the most do without aid ! There 
must be combinations of honest men to help them. It 
is so in all moral as well as monetary matters. 

The crowning excellence of the savings bank is, that 
it takes the small sums which would be frittered away 
heedlessly, for want of some sure aim of the owners, 
and treasures them up, makes them pay a return, and, 
above all, gives a motive for carefulness of small means, 
which results in independence of character and circum- 
stances worthy of the citizen of a republic. 

The phalanx of depositors of money in savings banks 
— who thus have created in themselves habits of econ- 
omy, which, but for these inestimable institutions, would 
never have been taken on — would astonish the wisest 
head, if the figures were known. 

It is a national blessing, leading our people into habits 
of economy and self-respect, which guarantee perpetuity 
to our institutions. 

To the toilers day by day, how it encourages them to 
save little by little, till its results mean a house, or a lot 
of land, or comfort in sickness, or protection of children! 
Its forms of blessing are so numerous they cannot be 
particularized. 



Some years since, a savings bank was just started in 
a neighboring city, when a father deposited one hundred 
dollars for his daughter. There it lay year by year, 
neither added to by him nor diminished. Just turning 
over, with its added interest, that one hundred dollars 
has now reached the sum of two hundred and sixty- 
four dollars ! and it is yet going on in its accumula- 
tions. 

Look at interest tables accompanying, and see how 
rapidly your three or five, ten or fifty, dollars, deposited 
in a savings bank, will add to your means. 

For example. One hundred dollars deposited at six 
per cent compound interest, in twenty-five years will in- 
crease to four hundred and twenty-nine dollars and 
twenty cents, — more than four times the original de- 
posit. 

One hundred dollars deposited each year for twenty- 
five years, at six per cent compound interest, will in- 
crease in that time to five thousand, eight hundred, and 
fifteen dollars, and sixty cents. 

It lies safely aside for a rainy day. What a sense of 
independence these deposits carry with them while the 
toilers are working on I Should the floods come, and 
, the winds blow, to them it does not mean the cold chari- 
*ties of the world at last ; but that love of independence 
arises, which all possess, and the man or woman is proud 
to ^ay, that, in their days of strength they lay by a sum 
that shall help them in all emergencies. 

How it strengthens the nobility of our natures to feel 
that we are a worthy part of the great community in 
which we live, because of our frugality and prudence ! 

Let no one neglect to be a depositor in one or more 
savings banks. They are the safety-valve. However 
little by little it may be, it will grow, as will the charac- 
ters of all who participate ; for the very means used for 
one purpose will vastly facilitate the other. 



COMPOUND DISCOUNT TABLE. 

ONE DOLLAR PRINCIPAL. 

The present value of One Dollar, to be received at the end of any 
number of years not exceeding forty, discounting at the rates of 4, 
4l» 5> si» 6, 65, 7, and 8 per cent compound interest. 



re 


4per 
Cent. 


42 Per 


5 P er 


52 Per 


6 per 


6} per 


7 per 


8 per 


> 


Lent. 


Cent. 


Cent. 


Cent. 


Cent. 


Cent. 


Cent 


I 


.9615 


9569 


•95- 7 4 


•9479 


•9434 


.9390 


•9346 


•9259 


2 


.9246 


•9157 


.9070 


.8984 


.8c,oo 


.8817 


•8/34 


•8573 


3 


.8890 


.8763 


8638 


.8516 


.8396 


.8278 


.8163 


•7938 


4 


.8548 


.8386 


.8227 


.8072 


.7921 


•7773 


.7629 


•7350 


5 


.8219 


.8025 


•7835 


'7^51 


•7473 


.7299 


■7i3° 


.6806 


6 


•7903 


.7679 


.7462 


.7252 


.7050 


.6853 


.6663 


.6302 


7 


•7599 


.7348 


.7107 


.6874 


.6651 


•6435 


.6227 


•5 C '35 


8 


7307 


7032 


.6768 


.6516 


.6274 


.6042 


.5820 


•5403 


9 


.7026 


.6729 


.6446 


.6176 


•59i9 


•5673 


•5439 


.5002 


10 


.6756 


.6439 


.6139 


•5854 


.55S4 


•5327 


•5083 


.4632 


11 


.6496 


.6162 


•5847 


•5549 


.5268 


.5002 


•475i 


.4289 


12 


.6246 


•5897 


.5568 


.5260 


.4970 


.4697 


.4440 


•397i 


13 


.6006 


.5643 


•5303 


.49S6 


.4688 


.4410 


.4150 


•3677 


M 


•5775 


.5400 


•5051 


.4726 


•4423 


.4141 


.3878 


•3405 


15 


•5553 


.5167 


.4810 


•4479 


•4173 


.3888 


.3624 


•3152 


16 


•5339 


•4945 


.4581 


.4246 


•3936 


•3651 


•3387 


.2919 


17 


■5134 


•4732 


•4363 


.4024 


•37H 


.3428 


.3166 


.2703 


18 


•4936 


■4528 


•4155 


.3815 


.3503 


.3219 


•2959 


.2502 


19 


.4746 


•4333 


•3957 


.3616 


•3305 


.3022 


.2765 


•2317 


20 


•4564 


.4146 


.3769 


•3427 


.3118 


.2838 


.2584 


•2145 


21 


.4388 


.3968 


.3589 


•3249 


.2942 


.2665 


.2415 


.1987 


22 


.4220 


•3797 


.3418 


.3079 


•2775 


.2502 


•2257 


.1839 


23 


•4057 


•3633 


•3256 


.2919 


.2618 


•2349 


.2109 


• 1703 


24 


.3901 


•3477 


.3101 


.2767 


.2470 


.22C6 


.1971 


•1577 


25 


•375i 


•3327 


•2953 


.2622 


.2330 


.2071 


.1842 


.1460 


26 


.3607 


.3184 


.2812 


.2486 


.2198 


•1945 


.1722 


•1352 


-7 


.3468 


•3047 


.2678 


•2356 


.2074 


.1826 


.1609 


.1252 


23 


•3335 


.2916 


.2551 


.2233 


.1956 


.1715 


.1504 


• «59 


2; 


•3207 


.2790 


.2429 


.2117 


.1846 


.l6lO 


.1406 


.1073 


30 


•30S3 


.2670 


.2314 


.2006 


.1741 


.1512 


•1314 


.0994 


3i 


.2965 


•2555 


.2204 


.1902 


.1643 


.1420 


.122S 


.0920 


32 


.2851 


•2445 


.2099 


.1803 


•1550 


•1333 


.1147 


.0852 


33 


.2741 


.2340 


.1999 


.1709 


.1462 


.1252 


.1072 


.07S9 


34 


.2636 


.2239 


.1904 


.1620 


•1379 


•"75 


.1002 


.0730 


35 


•2534 


•2143 


.1813 


•1535 


.1301 


.IIO3 


•0937 


.0676 


36 


•2437 


.2050 


.1727 


•H55 


.1227 


.IO36 


.0875 


.0626 


37 


•2343 


.1962 


.1644 


•1379 


.1158 


•0973 


.0S18 


.0580 


3^ 


•2253 


.1877 


.1566 


•1307 


.1092 


.0913 


.0765 


.0537 


39 


.2166 


•1797 


.1491 


.1239 


.1031 


•OS58 


• 0715 


•0407 


40 


•2083 


.17x9 


.1420 


.ii75 


.0972 


.0805 


.0668 


.0460 



To find the present value of a given amount to be received at the 
end of any number of years not exceeding forty, at any of the rates of 
compound discount expressed in the above Table : Multiply the given 
amount by the present value of one dollar at the rate and for the num- 
ber of years required, marking off as many decimals from the product 
as there are decimals in the multiplier and multiplicand. 



COMPOUND DISCOUNT TABLE. 

ONE DOLLAR PER ANNUM. 

The present value of an Annuity of One Dollar, payable at the end 
of each year, for any number of years not exceeding 40, discounting 
at the rates of 4, 4], 5, 5^, 6, 65, 7, and 8 percent compound interest. 



4 per 


4i P er 


5 Per 


Si per 


6 per 


6| per 


7 per 


8 per 


Cent. 


Cent. 


Cent. 


Cent. 


Cent. 


Cent. 


Cent. 


Cent. 


.962 


•957 


•952 


•948 


•943 


•939 


•935 


.926 


1.886 


1873 


1.859 


1 846 


1833 


1 821 


1.808 


17S3 


2-775 


2.749 


2.723 


2698 


2.673 


2648 


2624 


2-577 


3-63° 


3 5SS 


3 546 


3 505 


3-465 


3 426 


3 387 


3 312 


4-45 2 


4-39° 


4 329 


4.270 


4.212 


4.156 


4.100 


3-993 


5.242 


5-I58 


5076 


4 996 


4917 


4841 


4.767 


4623 


6.002 


5893 


5-7S6 


5.683 


5582 


5 485 


5-3?9 


5.206 


6-733 


6 596 


6463 


6.335 


6 210 


6.089 


5 97i 


5-747 


7-435 


7 269 


7.108 


6.952 


6 802 


6.656 


6515 


6 247 


8.111 


7-913 


7.722 


7 538 


7.360 


7.189 


7.024 


6.710 


8.760 


8529 


8306 


8.093 


7.887 


7689 


7-499 


7-139 


9-335 


9. 119 


8863 


8619 


8384 


8159 


7-943 


7-536 


9.986 


9-68 3 


9-394 


9 "7 


8853 


8.600 


8.358 


7.904 


10.563 


10 223 


9.899 


9 59o 


9295 


9014 


8 745 


8.244 


11.118 


10.740 


10.380 


10.038 


9.712 


9-403 


9.108 


8.560 


11.652 


11.234 


10.838 


10.462 


10.106 


9.76S 


9-447 


8.851 


12.166 


11.707 


11 274 


10.865 


10.477 


10 in 


9-763 


9 122 


12.659 


12 160 


11 690 


11 246 


10828 


10432 


10 059 


9 37 2 


13-134 


12.593 


12.085 


11.608 


11. 158 


10735 


10.336 


9.604 


I3-590 


13008 


12 462 


11.950 


11.470 


11. 019 


10.594 


9.818 


14.029 


13-405 


12.821 


12.275 


11.764 


11285 


10836 


10.017 


I4-45I 


13-784 


13 163 


12583 


12 042 


n-535 


11 061 


10.201 


14-857 


14.148 


1.3 489 


12875 


12 303 


11.770 


11.272 


10.371 


I5-247 


14-495 


13 799 


13 152 


12 550 


11. 991 


11 469 


10 529 


15.622 


14.828 


14.094 


13-414 


12.783 


12.198 


11.654 


10.675 


I5-983 


15 147 


14375 


13662 


13 003 


12 392 


11 826 


10.810 


16.330 


15 45i 


I4 6 43 


13898 


13.210 


12-575 


11.987 


IO-935 


16.663 


15 743 


14 898 


14.121 


13406 


12.746 


12.137 


11. 051 


16.984 


16 022 


15 Hi 


14 333 


13 59i 


12907 


12.278 


11. 158 


17.292 


16.289 


15-372 


14 534 


13- 765 


13059 


12 409 


11.258 


I7-588 


16 544 


15 593 


14724 


1.3 929 


13 201 


12532 


"•350 


17.874 


16 789 


15 803 


14.904 


14.084 


13 334 


12.647 


"435 


18.148 


17023 


16003 


15075 


14230 


13459 


12-754 


"•514 


18.41 1 


17.247 


16.193 


15 237 


14.368 


13-577 


12.854 


11587 


18.665 


17 461 


16 374 


15 39i 


14498 


i3-68 7 


12.948 


11655 


18.908 


17666 


16.547 


15 536 


14 621 


13- 79i 


13035 


11. 717 


19-143 


17.862 


16. 711 


15-674 


14-737 


13888 


13 117 


11 775 


19.368 


18.050 


16.868 


15-805 


14.846 


13-979 


13 i93 


11 829 


19-584 


18.230 


17 017 


15929 


14.949 


14.065 


13265 


11.879 


19-793 


18 402 


I7-I59 


16 046 


15 046 


14 146 


13 332 


11925 



To find the present value of a given amount to be received at the 
end of each year, during any number of years not exceeding forty, at 
anyof the rates of compound discount expressed in the above Table : 
Multiply the given sum to be received at the end of each year by the 
present vaiue ofone dollar per annum at the rate and for the number 
of years required, marking off as many decimals from the product as 
there are decimals in the multiplier and multiplicand. 





SIMPLE INTEREST TABLE, 








AT 6 PER CENT. I TO 12 MONTHS. 


—• 


i 


2 


3 


4 


5 


6 


5 


7 


8 


9 


10 


11 


12 



Q 


A 


Mo. 


Mo. 


Mo. 


Mo. 


Mo 


Mo. 


Q 


Mo. 


Mo. 


Mo. 


Mo. 


Mo. 


Mo. 


1 


.OI 


.01 


.02 


.02 


•03 


•03 


1 


.04 


.04 


• r 5 


•05 


.06 


.06 


1 


2 


.01 


.02 


•^3 


.04 


•05 


.06 


2 


.c 7 


.08 


.09 


. 10 


. 11 


.12 


2 


3 


.02 


•03 


•05 


.06 


.08 


.09 


3 


. 11 


. 12 


.14 


•15 


•17 


.18 


3 


4 


.02 


.04 


.06 


.08 


. 10 


. 12 


4 


.14 


.16 


.18 


.20 


.22 


•24 


4 


5 


•03 


•°5 


.08 


. 10 


•13 


•15 


5 


.18 


.20 


-23 


•25 


.28 


•30 


5 


6 


•03 


.06 


.09 


. 12 


•15 


.18 


6 


.21 


•24 


.27 


•30 


•33 


.36 


6 


7 


.04 


.07 


. 11 


.14 


.18 


.21 


7 


•25 


.28 


• 32 


•35 


•3) 


•42 


7 


8 


.04 


.08 


. 12 


.16 


.20 


.24 


8 


.28 


•32 


.36 


.40 


•44 


.48 


8 


9 


•05 


.09 


.14 


.18 


•23 


.27 


9 


•32 


•36 


.41 


•45 


•5° 


•54 


9 


10 


•05 


.10 


•15 


.20 


•25 


•3° 


10 


•35 


.40 


•45 


•50 


•55 


.6c 


10 


11 


.06 


.11 


•17 


.22 


.28 


•33 


11 


•39 


•44 


•5° 


•55 


.61 


.66 


11 


12 


.c6 


. 12 


.18 


.24 


•30 


•3<J 


12 


.42 


.48 


•54 


.60 


.66 


•7^ 


12 


13 


• c 7 


.13 


.20 


.26 


•33 


•39 


13 


.46 


•52 


•59 


.65 


•72 


.78 


13 


14 


.07 


.14 


.21 


.28 


•35 


.42 


14 


•49 


.56 


•63 


.70 


-77 


.84 


14 


15 


.08 


•15 


-23 


•3° 


.38 


•45 


16 


-53 


.60 


.68 


•75 


•*3 


.90 


15 


16 


.08 


.16 


.24 


•32 


.40 


•4' 


16 


•56 


.64 


.72 


.80 


.88 


.96 


16 


17 


.09 


•17 


.26 


•34 


•43 


•5i 


17 


.(0 


.68 


•77 


.85 


•94 


1 .02 


17 


18 


.09 


.18 


•27 


•36 


•45 


•54 


18 


•63 


•72 


.81 


.90 


•99 


1.08 


18 


19 


. 10 


.19 


•29 


.38 


.48 


•57 


19 


.67 


.76 


.86 


•95 


1.05 


1. 14 


19 


20 


. 10 


.20 


•3° 


.40 


•5° 


.60 


20 


.70 


.80 


.90 


1. 00 


1. 10 


1.20 


20 


21 


. 11 


.21 


•32 


.42 


•53 


.63 


21 


•74 


.84 


•95 


1.05 


1. 16 


1.26 


21 


22 


. 1 1 


.22 


•33 


•44 


•55 


.66 


22 


•77 


.88 


•99 


1. 10 


1. 21 


1.32 


22 


23 


. 12 


•23 


•35 


•4 


.58 


.69 


23 


.81 


.92 


1.04 


i-i5 


1.27 


1.38 


23 


24 


. 12 


.24 


.36 


.48 


60 


•7- 


24 


.84 


.96 


1.08 


1.20 


1.32 


1.44 


24 


25 


•13 


-25 


.38 


•5o 


.63 


-75 


25 


• 88 


i. 00 


i-i3 


1.25 


1.3S 


1.50 


25 


26 


•13 


.26 


•39 


•52 


'(5 


.78 


26 


.91 


1.04 


1. 17 


1.30 


i-43 


1.56 


26 


27 


.14 


•27 


•4' 


•54 


.68 


.81 


27 


•95 


1.08 


1 .22 


i-35 


1.49 


1.62 


27 


28 


.14 


.28 


.42 


.56 


.70 


.8 4 


28 


.98 


1. 12 


1.26 


t .40 


i-54 


1.68 


28 


29 


•15 


.29 


•44 


.58 


•73 


.87 


29 


1.02 


1. 16 


1 -3' 


i-45 


1.60 


1.74 


29 


30 


• J 5 


•3° 


•45 


.60 


75 


.90 


30 


1.05 


1.20 


i-35 


1.50 


1.65 


1.80 


30 


31 


.16 


•31 


•47 


.62 


•78 


•93 


31 


1.09 


1.24 


1.40 


i-55 


1. 71 


1.86 


31 


32 


.16 


•32 


.48 


.64 


.80 


.96 


32 


1 • 12 


1.28 


1.44 


1 .60 


1.76 


1.92 


32 


33 


• J 7 


•33 


.50 


.66 


.83 


•99 


33 


1. 16 


i-32 


1.49 


1.65 


1.82 


1.98 


33 


34 


•'7 


•34 


•5i 


.6 = 


.85 


1.02 


34 


1. 19 


1.36 


i-53 


1.70 


1.87 


2.04 


34 


35 


.18 


•35 


•53 


.70 


.88 


1.05 


35 


1 '23 


1.40 


1.58 


i-75 


x -93 


2.10 


35 


36 


.18 


.36 


•54 


•7 2 


.90 


1.08 


36 


1.26 


1.44 


1.62 


1.80 


1.98 


2.16 


36 


3 7 


.19 


•37 


•56 


■ -74 


•93 


i . 11 


37 


1.30 


1.48 


1.67 


1.85 


2.04 


2.22 


31 


38 


.19 


•33 


•57 


.76 


•95 


1. 14 


38 


1-33 


'•52 


1. 71 


1.90 


2.09 


2.28 


38 


39 


.20 


•Zi 


•59 


•7S 


.98 


1. 17 


39 


!-37 


*-5'> 


1.76 


i-95 


2.15 


2-34 


39 


40 


.2C 


.40 


.60 


.80 


1. 00 


1.20 


40 


1.40 


1.60 


1.80 


2.00 


2.20 


2.40 


40 


41 


.21 


.41 


.62 


.82 


1.03 


1.23 


41 


1.44 


1.64 


i.3 5 


2.05 


2.26 


2.46 


41 


42 


.21 


.42 


.63 


.84 


1.05 


1.26 


4 2 


1.47 


1.68 


1.89 


2. 1 


2-31 




4 2 


43 


.22 


•43 


.65 


.85 


1 .oS 


1.29 


43 


"5» 


1.72 


1.94 


2.15 


-•37 


2.5S 


43 


44 


.22 


•44 


.6, 


.88 


1 . 10 


1.32 


44 


1.54 


1.76 


1.98 


2.20 


2.42 


2.64 


44 


45 


•23 


•45 


.68 


.90 


1. 13 


i-35 


45 


1. 5* 


1.80 


2.03 


2.25 


2.48 


2.70 


45 


46 


.23 


.46 


.69 


•9" 


i-*5 


1.38 


AC. 


1. 61 


1.84 


2.07 


2.30 


2-53 


2.76 


46 


47 


.24 


•47 


•7' 


•94 


1.18 


1.41 


47 


1.65 


1. 8b 


2. 12 


2-35 


2-59 


2.82 


47 


48 


.24 


.48 


•72 


.96 


1 .20 


1.44 


48 


1.68 


1.92 


2.16 


2.40 


2.64 


2.88 


18 


49 


•25 


•49 


•74 


.98 


1-23 


1.47 


4<> 


1.72 


1.96 


2.21 


2-45 


2.70 


2.94 


49 


50 


-25 


•5° 


•75 


I. CO 


1-25 


1.50 


50 


i-75 


2.00 


2-25 


2.50 


2-75 


3. CO 


60 



QUINCY SAVINGS BANK. 



STATEMENT 
Of the Condition of the Bank, Oct. 1, 1873. 



Deposits on 3,042 accounts $i, 006,939.68 

Interest 15.020.73 

Profits 8,417 50 



$1,030,397.91 



LOANS AND INVESTMENTS. 

Am't secured by First Mortgages of Real Estate . $7I5j533-8x 
United States Bonds, Bank Stock, 

and other approved security .... 64,100.00 

Amount of Loans to Cities and Towns . . . 33,000.00 

United States Bonds 93,000.00 

" Railroad Bonds 20,000.00 

11 National Bank Stock .... 95,462.74 

M Safe and Furniture 1,20000 

'* Cash on hand and on deposit . . . 8,101.36 

Ro3o,397 91 



Quincy, Oct. 7, 1873. 

The above Report, with the Notes, Accounts, and Securities of 
the Bank, examined, and found to be correct. 

Edward Turner, ) 

Horace B. Spear, ( Committee 0/ 

D. Howard Bills, ) Board 0/ Trustees. 



J%g~ Estimated fair cash valuation of above securities, over 
#1,500,000. 



'Present amount of undivided surplus of earnings 
and profits, $16,839.57. 



Next Extra Dividend, April, 1875. 



$3^ = ' This Bank has had no losses. Every loan and 
investment is amply secured by property, largely in 
excess of amount of investment, and held in the name 
of the Bank. 

Deposits. — This Bank will receive deposits from 
one dollar to one thousand dollars in one account, and 
pay semi-annual interest at the rate of six per cent per 
annum, on all amounts over five dollars. 



'As the tax on deposits is paid by the Bank, all 
depositors are exempt from taxation on their deposits. 

Jg^All depositors' accounts considered as confi- 
dential. 



' No emolument or bonus allowed or taken by 
any officer of this bank on account of loans made. 

Loans. — This Bank will loan money on first mort- 
gages only of real estate. Applications considered from 
persons owning estates, and persons desirous of secur- 
ing homes, in preference to others. Will also loan on 
United States Bonds, and other approved security 
allowed by law. All applications to be made to the 
Treasurer for decision by the Board of Investment. 



'Money, checks, and drafts received by Mail or 
Express, placed on deposit, and book returned. 



LIBRARY OF CONGRESS! 



027 331 575 5 



